Intrinsic Value

Franco-Nevada Corporation (FNV)

$119.25

-0.07 (-0.06%)

Enterprise Value 13,181.28
Net Debt -562.81
Equity Value 13,744.09
Shares Outstanding 192
Equity Value Per Share 71.58



Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt